Canada’s central bank did what everyone expected it to do: It kept benchmark interest rates at 1%. But its new governor surprised markets, nonetheless, with more specific policy guidance about when rates may rise.

The language actually mirrors former Bank of Canada Gov. Mark Carney’s public statements as he was preparing to leave Ottawa for London. But by ensconcing that guidance in the bank’s formal policy statement, Stephen Poloz has made his own mark.

The guidance brings the Bank of Canada closer in line with the U.S. Fed, which provides specific economic metrics–like unemployment–that it says will guide future rate action. Mr. Poloz’s guidance wasn’t as specific, but it gives market watchers three areas to watch. Here’s what the bank said:

“As long as there is significant slack in the Canadian economy, the inflation outlook remains muted, and imbalances in the household sector continue to evolve constructively, the considerable monetary policy stimulus currently in place will remain appropriate,” the Bank said in its interest rate statement Wednesday.